Chan replaces Elke Schoeppl-Jost who joined Deutsche Asset & Wealth Management as chief investment officer for the Asia Pacific region in January.
Chan has more than 18 years of investment experience managing Asian equities and will lead a 14-member investment team at BEA Union Investment Management, consisting of portfolio managers, research and quantitative analysts, and traders covering both equities and fixed income investments.
He will also head up the investment committee of BEA Union Investment and report to Eleanor Wan, chief executive.
Chan joins from Pyramis Global Advisors Hong Kong, a Fidelity Investments company where he was portfolio manager and executive director.
He has also worked with Baring Asset Management as head of Asia Pacific investment and as senior fund manager at Invesco Asset Management in Hong Kong.
Meanwhile, BEA Union Investment also announced that it has promoted Pheona Tsang to the role of head of fixed income.
Tsang joined BEA Union Investment in March 2012 and has since been managing all Asian bond funds, including the flagship BEA Union Investment Asian Bond and Currency Fund, and the BEA Union Investment Asia Pacific Multi Income Fund. She replaces Henry Wong, who decided to leave the company “to pursue other opportunities”.
BEA Union Investment Management is a joint venture between The Bank of East Asia of Hong Kong and Union Asset Management Holding AG of Germany with assets under management and advisory of over US$6bn as at December-end.